Advice you can trust.

We bring professional investment expertise to charities, endowments and family offices to provide analytical insight into your selected external managers. We also ensure the right questions get asked and answered, and that your principal's interests are protected.

For charities & endowments

We will assist you in reviewing or creating an Investment Policy Statement and governance processes around other trustee obligations. Based on our research and portfolio analytics, we can also assist with manager selection, monitoring and review.

For family offices

We can provide risk analytics and insights as regards your aggregate portfolio and its subportfolios. We can assist with the design outcome-oriented Custom Strategic Asset Allocations to match different objectives. We can then assist with manager selection, monitoring and review.

We aim to support your Process

Good process to consultation, advice and decision-making creates a higher level of governance around the allocation and use of capital and income. We help bring structure where needed or enhance existing processes based on our experience and expertise.

We aim to inform your Decisions

Taking important decisions around the stewardship of capital is an important responsibility. As well as providing the numerical analysis, we can volunteer our experience to support what matters most - judgement. Working alongside your legal and tax advisers if required, our aim is to help you make informed decisions both for the short- and long-term.

We aim to protect your Interests

There is a structural agency friction between the owners of capital, its beneficiaries and its managers. By having access - on your side of the table - to the same level of professional knowledge and investment expertise that your managers have, we work to ensure that your interests are protected.

Any Questions

Examples of some of the issues that we look at with particular focus are: enabling like-for-like risk-adjusted net performance comparison of your various managers; setting clear guidelines on use of "in-house" funds by discretionary managers and policy around "double-dipping" on fees; ensuring you are in the most cost efficient fund share class available; ensuring use of structured products within portfolios provides value for money against potential payoffs; flagging concentration risks to a particular security or exposure; challenging managers on use of higher cost "closet-index" funds; ensuring fund rebates paid to managers, if any, are passed on to the client; monitoring portfolio churn and establishing impact guidelines; ensuring CGT allowances are fully utilised; evaluating options available when trying to manage embedded gains; maximising use of tax allowances within a family office structure (not extending to tax advice); maximising balance sheet efficiency across portfolio, land and business assets; creating, with your other professional advisers, a robust and efficient wealth succession strategy; interaction with trusts and other wealth structures; creating a philanthropy strategy to maximise impact in a tax-efficient way.

If any of this is relevant, but unfamiliar, to you, we should probably talk.